Asset Comparison and Correlation
|S&P 500 vs STAAR Surgical Company|
Assuming 30 trading days horizon, S&P 500 is expected to under-perform the STAAR. But the index apears to be less risky and, when comparing its historical volatility, S&P 500 is 2.15 times less risky than STAAR. The index trades about -0.1 of its potential returns per unit of risk. The STAAR Surgical Company is currently generating about 0.21 of returns per unit of risk over similar time horizon. If you would invest 878 in STAAR Surgical Company on May 19, 2013 and sell it today you would earn a total of 69.00 from holding STAAR Surgical Company or generate 7.86% return on investment over 30 days.
Match-ups for SP 500
89% of all equities and portfolios perform better than STAAR Surgical Company. Compared with the overall equity markets, risk-adjusted returns on investments in STAAR Surgical Company are ranked lower than 11 (%) of all global equities and portfolios over the last 30 days.
Match-ups for STAAR